Celanese Announces Price Increase in Polymer Emulsions

9:10 AM MDT | May 11, 2012 | Lindsay Frost

Celanese announced a price increase of its polymer emulsions sold in Europe, Africa, and the Mideast to €80/m.t. ($104/m.t.), effective June 1. The increase includes all vinyl acetate and acrylic-based emulsions, and will affect adhesive, paint and coating, building and construction, nonwoven, glass fiber, carpet, and paper and textile applications. Demand for acetyls, poor margins, and a weakness in Europe effected Celanese’s first-quarter profits as...